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To: Errant

Well, I have heard that the amount of physical gold is far far less than the amount of paper gold issued. Thus $5,000-10,000.00 Gold is possible.


3 posted on 06/15/2010 5:10:44 PM PDT by LukeL (Yasser Arafat: "I'd kill for a Nobel Peace Prize")
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To: LukeL
Well, I have heard that the amount of physical gold is far far less than the amount of paper gold issued. Thus $5,000-10,000.00 Gold is possible.

Yes,,, but if we get to that point, there will be nothing that gold can buy that lead can't.

7 posted on 06/15/2010 5:15:01 PM PDT by 2aberro
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To: LukeL

“Well, I have heard that the amount of physical gold is far far less than the amount of paper gold issued. Thus $5,000-10,000.00 Gold is possible.”

>>IF<< you analyze gold’s potential in that one dimension. Even higher, really, compared to the amount of money or gold shares “printed”.

Beware, however, of confining your thinking to only that one single dimension. There is no rule that states that reality must confrom to logic!


39 posted on 06/15/2010 5:51:42 PM PDT by Attention Surplus Disorder (The United States has become a kakistocracy. Look it up if you doubt it.)
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